FOOD BANK FOR NEW YORK CITY

EIN: 133179546 501(c)(3) Community Improvement

NEW YORK, NY

Total Revenue
$164,260,366
Total Expenses
$168,654,639
Total Assets
$86,494,065
Net Assets
$43,532,434
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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
NY
Principal Officer
LESLIE GORDON
Phone
2125667855
Tax Period
2022-07-01 to 2023-06-30

FOOD BANK FOR NEW YORK CITY, founded in 1983, is a major nonprofit in the Community Improvement sector that reported $164.3M in total revenue in fiscal year 2022. Revenue decreased 12% compared to the prior year.

Mission

FOOD BANK FOR NYC HAS BEEN THE CITY'S MAJOR HUNGER-RELIEF ORGANIZATION WORKING TO END HUNGER THROUGHOUT THE FIVE BOROUGHS FOR OVER 40 YEARS. EQUIPPED WITH THE UNIQUE PERSPECTIVE THAT COMES WITH BEING OF AND FOR THIS CITY, WE MOVE AHEAD OF TODAY'S CHALLENGES TO ACTIVATE THE RIGHT RESOURCES, EXPERTISE AND INSIGHTS IN SERVICE OF MAKING A DIFFERENCE THAT MATTERS. COMMUNITY BY COMMUNITY, WE HARNESS THE COLLECTIVE POWER OF OUR NETWORK, WHERE EVERYONE FEELS EMPOWERED TO TAKE CHARGE OF THEIR STORY.

Program Service Accomplishments

Program 1
Expenses: $137,274,571 Revenue: $2,950,477

FOOD DISTRIBUTION. IN FY23, FOOD BANK DISTRIBUTED 80.7 MILLION POUNDS OF FOOD EQUIVALENT TO 66 MILLION MEALS. ALSO SINCE THE SPRING OF 2022 MORE THAN AN ESTIMATED 180,000 NEW IMMIGRANTS HAVE ARRIVED...

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FOOD DISTRIBUTION. IN FY23, FOOD BANK DISTRIBUTED 80.7 MILLION POUNDS OF FOOD EQUIVALENT TO 66 MILLION MEALS. ALSO SINCE THE SPRING OF 2022 MORE THAN AN ESTIMATED 180,000 NEW IMMIGRANTS HAVE ARRIVED IN NYC. FOOD BANK RESPONDED WITH MOBILE DISTRIBUTIONS INTO HIGHEST NEEDS AREAS, AND WORKED WITH OUR PANTRY PARTNERS, COMMUNITY LEADERS, THE MAYOR'S OFFICE OF IMMIGRANT AFFAIRS TO ESTABLISH "CRISIS RESPONSE" PLANS FOR THESE AND OTHER EMERGENCIES WHERE FOOD IS REQUIRED.ADDITIONALLY, FOOD BANK WORKED TO STRENGTHEN ITS NETWORK OF EMERGENCY.

Program 2
Expenses: $2,795,868 Revenue: $0

NUTRITION EDUCATION: IN FY23, FOOD BANK FOR NEW YORK CITY CONTINUED WITH VIRTUAL LEARNING CURRICULUM AND VIRTUAL WORKSHOPS AND RESTORED PRE-PANDEMIC IN-PERSON ACTIVITIES AS CIRCUMSTANCES PERMITTED.

Program 3
Expenses: $2,608,294 Revenue: $0

INCOME SUPPORT SERVICES: FOOD BANK'S INCOME SUPPORT SERVICES PROVIDES FREE TAX PREPARATION SERVICES AND FINANCIAL WORKSHOPS AND COUNSELING. IN FY23, FOOD BANK'S TAX SERVICES FACILITATED 19,857 TAX...

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INCOME SUPPORT SERVICES: FOOD BANK'S INCOME SUPPORT SERVICES PROVIDES FREE TAX PREPARATION SERVICES AND FINANCIAL WORKSHOPS AND COUNSELING. IN FY23, FOOD BANK'S TAX SERVICES FACILITATED 19,857 TAX RETURNS TOTALING $28.3 MILLION IN REFUNDS GENERATING AN EQUIVALENT 972 THOUSAND MEALS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $161,362,474
Program Service Revenue $2,956,997
Investment Income $352,839
Other Revenue $-411,944
TOTAL REVENUE $164,260,366

Expense Breakdown

Grants Paid $123,456,650
Salaries & Benefits $27,229,916
Fundraising Expenses $9,230,600
Program Expenses $147,076,605
Other Expenses $17,968,073
TOTAL EXPENSES $168,654,639

Year-over-Year Comparison

2022 2021 Change
Revenue $164,260,366 $187,094,963 -0.1%
Expenses $168,654,639 $188,033,917 -0.1%
Net Income $-4,394,273 $-938,954 +3.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
324
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$790,762
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARTHUR STAINMAN TREASURER 2.00
Officer Director
$0 $0 $0
GEORGE GARFUNKEL BOARD MEMBER 2.00
Director
$0 $0 $0
GLORIA PITAGORSKY VICE CHAIR 2.00
Officer Director
$0 $0 $0
KATIE LEE BOARD MEMBER 2.00
Director
$0 $0 $0
KEVIN FRISZ BOARD MEMBER 2.00
Director
$0 $0 $0
KYRA SEDGWICK BOARD MEMBER 2.00
Director
$0 $0 $0
LARY STROMFELD EXECUTIVE VICE CHAIR 2.00
Officer Director
$0 $0 $0
LAUREN BUSH LAUREN BOARD MEMBER 2.00
Director
$0 $0 $0
NICOLAS POITEVIN BOARD MEMBER 2.00
Director
$0 $0 $0
PASTOR MICHAEL WALROND BOARD MEMBER 2.00
Director
$0 $0 $0
REV HENRY BELIN SECRETARY 2.00
Officer Director
$0 $0 $0
SERAINA MACIA CHAIR 2.00
Officer Director
$0 $0 $0
LESLIE GORDON PRESIDENT AND CEO 35.00
Officer
$460,701 $11,358 $472,059
VERONICA JARRETT CFO 35.00
Officer
$270,326 $48,377 $318,703
CARMEN BOON VP OF EXTERNAL AFFAIRS 35.00
Highest
$192,764 $45,566 $238,330
DENIS GARVEY VICE PRESIDENT OF LOGISTICS 35.00
Highest
$195,933 $29,185 $225,118
JOVANNA RODRIQUEZ CHIEF PEOPLE OFFICER 35.00
Highest
$217,194 $23,542 $240,736
MATTHEW HONEYCUTT CHIEF DEVELOPMENT OFFICER 35.00
Highest
$306,876 $70,867 $377,743
ROBERT SILVIA CHIEF PROCUREMENT OFFICER 35.00
Highest
$271,105 $46,960 $318,065
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $164,260,366 $168,654,639 $86,494,065 $-4,394,273
2022 $187,094,963 $188,033,917 $62,094,729 $-938,954
2021 $224,744,277 $210,304,136 $69,662,085 $14,440,141
2020 $144,517,137 $122,468,602 $57,044,886 $22,048,535
2019 $49,922,283 $50,002,737 $19,624,022 $-80,454
2018 $69,235,914 $67,531,963 $20,400,605 $1,703,951
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